Friday, March 12, 2010

Rebuilding Media

While many argue that the Internet is to blame, McChesney and Nichols argue, convincingly, that the industry was already in steep decline before the digital age. Media consolidation, they argue, which became rampant in the late 1970s (and got worse with the Telecommunications Act of 1996) is what led to the massive cutting of editorial expenses in the name of short-term profits. Newspaper circulation dropped 44 percent from 1947 to 1998. By the turn of century, they write, “newsrooms were already on a downward spiral of demoralization.”

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